Sokoman Minerals Corp. (CVE:SIC – Get Free Report) shares dropped 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 139,990 shares changed hands during trading, a decline of 50% from the average daily volume of 281,575 shares. The stock had previously closed at C$0.03.
Sokoman Minerals Stock Performance
The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The company has a market cap of C$8.12 million, a price-to-earnings ratio of 91.27 and a beta of 1.76.
About Sokoman Minerals
Sokoman Minerals Corp., an exploration-stage company, engages in the exploration of mineral properties in Canada. The company primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. It has 100% owned flagship Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland.
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